Well-connected CNBC anchor David Faber cites people close to negotiations between the major Hollywood studio producers and striking writers, saying the sides “hope” to finalize a new deal tomorrow. The WGA strike began in early May before the actors (SAG-AFTRA) also went on strike in mid-July, marking the first time that has happened in 63 years.
They cited some similar issues in trying to protect members’ livelihoods as streaming entertainment grows and as studios begin to use generative AI tools in the entertainment business.
After face to face meeting today, writers and producers near agreement to end WGA strike. Met today and hope to finalize deal tomorrow, according to people close to the negotiations, who, while optimistic,...